Lux Trading Firm Two-step Evaluation Trading Rules & Objectives

In the competitive industry of trading, firms often implement evaluation processes to ensure that their traders possess the necessary skills and discipline to succeed. Lux Trading Firm’s Two-step Evaluation is designed to identify and nurture talent while establishing clear performance metrics and objectives. Understanding the rules and objectives of Lux Trading Firm Two-step evaluation is crucial for traders. It provides a structured framework for performance, guides, and sets expectations for success/

Lux Trading Firm Two-step Evaluation Trading Rules & Objectives

By outlining specific criteria, Lux Trading Firm aims to create a pathway for aspiring traders to demonstrate their potential and achieve consistent results in the dynamic trading environment.

• Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for Phase 1 is set at 6%, whereas Phase 2 requires reaching a profit target of 4%. Funded accounts do not have any specified profit targets.
• Maximum Trailing Loss – The difference between the highest achieved account balance and the lowest point of the drawdown determines the maximum trailing loss a trader is allowed to lose without breaching the account. All account sizes have a maximum trailing loss of 6%.
• Minimum Trading Days – The minimum duration during which you must engage in trading before successfully concluding an evaluation phase. Evaluation phase one has a 29 minimum trading day requirement (15 calendar days for swing traders), while evaluation phase two has no minimum trading day requirements.
• Stop-loss Required – Before initiating a trade, it is mandatory for the trader to place a stop-loss on each position. 
• No Martingale – Traders are prohibited from employing any form of martingale strategy during their trading activities.
• Consistency Rule – Mandates traders to maintain uniformity in various aspects such as position sizes, risk management, losses, gains, and more. This implies that the account results should not exhibit significant variations in their characteristics. You should be consistent with your risk size per trade while trading in the evaluation stage. In cases of multiple trades, the total risk must also be the same.

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